KL Kepong expects to replant 3,000ha to 4,000ha in Sabah and plans to plant about 1,000ha to 1,500ha in Liberia.
PETALING JAYA: Plantation firm Kuala Lumpur Kepong Bhd
(KLK) says it has hedged a portion of its future production to protect profits against the falling price of crude palm oil (CPO).
The company, in a filing with Bursa Malaysia yesterday, warned that rising CPO production in Malaysia could further depress CPO prices in the coming months.
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